homephotos Newsmarket Newsstocks NewsWednesday's top brokerage calls: Macrotech Developers, SBI Cards and TeamLease

Wednesday's top brokerage calls: Macrotech Developers, SBI Cards and TeamLease

SUMMARY

The recent correction in the stock price has prompted Kotak Equities to upgrade its rating on TeamLease shares while Morgan Stanely has maintained its 'equal-weight' rating on Macrotech Developer's stock. Here are the top brokerage calls for the day:

Profile image

By CNBCTV18.com Dec 29, 2021 8:49:52 AM IST (Published)

Listen to the Article(6 Minutes)
Morgan Stanley on Macrotech Developers, Macrotech Developers, share price, stock market, brokerage calls
Image count1 / 3

Morgan Stanley on Macrotech Developers | The company's focus on growing core business and monetisation of inventory gives good cash flow visibility, said Morgan Stanely while maintaining its 'equal-weight' rating on Macrotech Developer's stock.

Morgan Stanley on SBI Cards, SBI Cards, stock market, brokerage calls, share price
Image count2 / 3

Morgan Stanley on SBI Cards and Payment Services | The brokerage has maintained its 'overweight' rating on shares of SBI Cards. After a strong October for the industry, spending moderated in November, Morgan Stanley said.

Kotak Institutional Equities on TeamLease, TeamLease, share price, stock market, brokerage calls
Image count3 / 3

Kotak Institutional Equities on TeamLease | The company remains well-positioned to see a healthy increase in general staffing headcount, said the brokerage house. The recent correction in the stock price has prompted Kotak Equities to upgrade its rating on TeamLease shares to 'buy' from 'reduce'.

Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!
arrow down

Most Read

Share Market Live

View All
Top GainersTop Losers
CurrencyCommodities
CurrencyPriceChange%Change